Posted in

The ‘Giant Grift’ That Swallowed Wall Street—and Maybe Your Savings

Do not get Dorian Deome started on the bureaucrats investing his life savings in this trendy, newfangled thing they call environmental, social, governance, or ESG, funds. He blows up. Which is dangerous. Deome suffered a massive heart attack in May 2020 at age 38.

“My heart literally skips a beat when I think about how my money is used to fund actual racism,” he told me.

He meant diversity, equity, and inclusion training programs; racially calibrated corporate boards; the obsession in human resources departments with elevating marginalized voices, often at the expense of white men like Deome—and all the other things that make for ESG compliance.

Share